SABA (Saba Capitalome & Opportunities Fund II) Graham Number: $16.15 (As of Oct. 2025) — 1329% Above Median


SABA Saba Capital Income & Opportunities Fund II SABA
33 GF Score
Price $8.39
! 4 Warning Signs
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What is Saba Capitalome & Opportunities Fund II Graham Number?

Saba Capitalome & Opportunities Fund II SABA +1.08% 33 Graham Number is $16.15 as of Oct. 2025, which is 1329% above its 10-year median of 1.13. GuruFocus rates SABA with a GF Score™ of 33/100. The stock has 4 warning signs investors should review. Among 1,173 Asset Management companies, Saba Capitalome & Opportunities Fund II ranks better than 75.36% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-07-06), the stock price of Saba Capitalome & Opportunities Fund II is $8.39. Saba Capitalome & Opportunities Fund II's graham number for the quarter that ended in Oct. 2025 was $16.15. Therefore, Saba Capitalome & Opportunities Fund II's Price to Graham Number ratio for today is 0.52.

The historical rank and industry rank for Saba Capitalome & Opportunities Fund II's Graham Number or its related term are showing as below:

SABA' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.42   Med: 1.13   Max: 1.44
Current: 0.52

During the past 8 years, the highest Price to Graham Number ratio of Saba Capitalome & Opportunities Fund II was 1.44. The lowest was 0.42. And the median was 1.13.

SABA's Price-to-Graham-Number is ranked better than
75.36% of 1173 companies
in the Asset Management industry
Industry Median: 0.71 vs SABA: 0.52

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Saba Capitalome & Opportunities Fund II  (NYSE:SABA) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Saba Capitalome & Opportunities Fund II's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Oct. 2025 )
=8.39/16.15
=0.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Saba Capitalome & Opportunities Fund II Graham Number Related Terms


Saba Capitalome & Opportunities Fund II Graham Number Historical Data

* Premium members only.

The historical data trend for Saba Capitalome & Opportunities Fund II's Graham Number can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saba Capitalome & Opportunities Fund II Graham Number Chart

Saba Capitalome & Opportunities Fund II Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24 Oct25
Graham Number
Get a 7-Day Free Trial 0.00 0.00 0.00 20.30 16.23

Saba Capitalome & Opportunities Fund II Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Apr24 Oct24 Apr25 Oct25
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.49 14.59 20.30 17.58 16.15

SABA vs LIEN, MFM, SRV: Graham Number Comparison

For the Asset Management subindustry, Saba Capitalome & Opportunities Fund II's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saba Capitalome & Opportunities Fund II Price-to-Graham-Number vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Saba Capitalome & Opportunities Fund II's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Saba Capitalome & Opportunities Fund II's Price-to-Graham-Number falls into.


SABA
33GF Score
Saba Capital Income & Opportunities Fund II SABA
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
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Saba Capitalome & Opportunities Fund II Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Saba Capitalome & Opportunities Fund II's Graham Number for the fiscal year that ended in Oct. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*9.919*1.18)
=16.23

Saba Capitalome & Opportunities Fund II's Graham Number for the quarter that ended in Oct. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*9.919*1.169)
=16.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $16.15 mean?
Saba Capitalome & Opportunities Fund II (SABA) has a Graham Number of $16.15 as of Oct. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Saba Capitalome & Opportunities Fund II and its competitors. This is 1329% above median its historical median of 1.13. Over the past decade, Saba Capitalome & Opportunities Fund II's Graham Number has ranged from 0.42 to 1.44. According to the industry distribution chart, Saba Capitalome & Opportunities Fund II ranks #289 out of 1173 companies in the Asset Management industry, placing it in the top 24.6%.
Is Saba Capitalome & Opportunities Fund II's Graham Number too high?
Saba Capitalome & Opportunities Fund II's current Graham Number of $16.15 is 1329% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.44. The Asset Management industry median Graham Number is 0.71. Saba Capitalome & Opportunities Fund II's value of $16.15 is 2174.6% above this industry median. Based on the distribution chart, Saba Capitalome & Opportunities Fund II ranks #289 out of 1173 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Saba Capitalome & Opportunities Fund II has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Saba Capitalome & Opportunities Fund II's Graham Number compare to LIEN and MFM?
According to the Asset Management industry distribution chart, Saba Capitalome & Opportunities Fund II ranks #289 out of 1173 companies for Graham Number. This places Saba Capitalome & Opportunities Fund II in the top 25% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.71. Saba Capitalome & Opportunities Fund II's value of $16.15 is 2174.6% above this benchmark. Historically, Saba Capitalome & Opportunities Fund II's own Graham Number has ranged from 0.42 to 1.44 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.71, Saba Capitalome & Opportunities Fund II has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for an Asset Management company?
The median Graham Number among Asset Management companies is 0.71, based on 1,173 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saba Capitalome & Opportunities Fund II's current Graham Number of $16.15 is 2174.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Saba Capitalome & Opportunities Fund II and its competitors. For the Asset Management industry, the median Graham Number is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saba Capitalome & Opportunities Fund II's current Graham Number is $16.15, which is 1329% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saba Capitalome & Opportunities Fund II stock overvalued right now?
Saba Capitalome & Opportunities Fund II (SABA) has a current Graham Number of $16.15. The current Graham Number is $16.15, which is 1329% above median its 10-year median of 1.13 and 2174.6% above the Asset Management industry median of 0.71. Saba Capitalome & Opportunities Fund II's overall GF Score™ is 33/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Saba Capitalome & Opportunities Fund II (SABA), the current Graham Number is $16.15 as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Saba Capitalome & Opportunities Fund II Business Description

Address 405 Lexington Avenue, 58th Floor, New York, NY, USA, 10174
Saba Capital Income & Opportunities Fund II is a closed-end fund. The company seeks high current income, with a secondary goal of capital appreciation. The fund invests in fixed income markets across the globe.
33GF Score

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$8.39
Price